Steven Adamske, spokesman for the Commodity Futures Trading Commission (CFTC), echoed this “we can’t travel, we can’t go to conferences, we can’t do the things we’re here and supposed to do and committed to do.”

Half of the scheduled budget cuts are spread across a range of domestic programs, including financial regulators. The financial regulators would experience cuts of roughly 8%. For example, The SEC’s $1.3 billion budget would fall by $108 million, while the CFTC’s budget would take a $17 million cut down to $205 million. The CFPB would also face cuts totaling $34 million.